Stablecoins have become essential tools in the world of cryptocurrency, especially during volatile market conditions. Among them, Tether (USDT) stands out as one of the most widely used digital assets globally—and particularly popular among investors in Vietnam. But what exactly is USDT? Why has it maintained stability when other cryptocurrencies plummeted? And where can you buy USDT securely and affordably?
In this comprehensive guide, we’ll break down everything you need to know about USDT—from its fundamentals and benefits to practical steps for purchasing it safely using Vietnamese đồng (VND). Whether you're new to crypto or looking to refine your strategy, this article will help you navigate the USDT landscape with confidence.
What Is Tether (USDT)? Key Features and Use Cases
Tether (USDT) is a type of cryptocurrency known as a stablecoin, meaning its value is pegged to a stable asset—in this case, the U.S. dollar. Each USDT token is designed to maintain a 1:1 value with $1 USD, backed by reserves held in cash or highly liquid assets like short-term government bonds.
Originally launched on the Bitcoin blockchain via the Omni protocol, USDT now operates across multiple blockchains, including Ethereum, Tron, Solana, and others. This multi-chain presence enhances its accessibility and transaction speed across various platforms.
Why Was USDT Created?
The primary goal behind Tether was to bridge traditional finance and digital currencies by offering a stable medium for transactions within the volatile crypto ecosystem. Unlike Bitcoin or Ethereum, which can swing dramatically in value within hours, USDT provides a reliable store of value—making it ideal for:
- Market volatility protection: Traders often convert holdings into USDT during downturns to "weather the storm."
- Fast cross-border transfers: Sending USDT internationally is faster and cheaper than traditional banking wires.
- Trading pair liquidity: Most crypto exchanges use USDT as a base pair (e.g., BTC/USDT, ETH/USDT), enabling seamless trading without converting back to fiat.
👉 Discover how stablecoins like USDT are transforming digital finance today.
Current Market Data for USDT (as of latest CoinMarketCap statistics)
- Current Price: $1.00 USD
- Market Capitalization: $100.1 billion
- 24-Hour Trading Volume: $141.7 billion
- Total Supply: 103.8 billion USDT
- Circulating Supply: 100.04 billion USDT
- All-Time High: $1.22
- All-Time Low: $0.5683
- Global Rank: #3
Issued by Tether Limited, the company claims full backing of each USDT in circulation with equivalent reserves, although this has been subject to scrutiny and audits over time.
Key Advantages and Limitations of USDT
While USDT offers significant utility, it’s important to understand both its strengths and potential drawbacks.
✅ Advantages
- Price Stability: Maintains a near-constant value of $1, making it perfect for preserving capital.
- High Liquidity: One of the most traded cryptocurrencies globally, ensuring easy buying and selling.
- Fast Transactions: Typically settles in minutes, especially on networks like Tron or Binance Smart Chain.
- Low Fees: Minimal transaction costs compared to traditional wire transfers or credit card payments.
❌ Limitations
- Centralization Concerns: Unlike decentralized cryptocurrencies, Tether is controlled by a private company, raising transparency issues.
- Audit Transparency: While Tether publishes reserve reports, some critics argue they lack full independent verification.
- Counterparty Risk: Relies on trust in Tether Limited’s solvency and reserve management.
Despite these concerns, USDT remains the dominant stablecoin due to its widespread adoption and integration across exchanges and wallets.
Should You Buy USDT in 2025?
Even though some prediction platforms like PricePrediction.net or TradingBeast have speculated about potential de-pegging scenarios, most experts agree that USDT will remain stable around $1 in 2025 due to its entrenched role in global crypto markets.
For instance:
- WalletInvestor forecasts USDT could reach $1.051 by December 2025.
- Historical performance shows only minor fluctuations—down 0.14% in 2022 but up 0.14% over six months in early 2023.
More importantly, USDT isn’t meant to generate returns—it’s designed for stability. Investors don’t buy USDT to profit from price increases; they buy it to:
- Protect funds during bear markets
- Facilitate quick trades between volatile assets
- Avoid high banking fees and slow international transfers
Given Vietnam’s growing interest in digital assets, holding USDT allows local investors to participate in global crypto markets efficiently—even without direct USD access.
Where to Buy USDT in Vietnam? Top Platforms Explained
There are two main ways to purchase USDT in Vietnam:
- Peer-to-Peer (P2P) Marketplaces on Major Exchanges
- Unregulated “Black Market” Sellers
We strongly recommend using regulated P2P platforms for security and peace of mind.
Best P2P Platforms: Binance & Remitano
Both Binance and Remitano offer secure P2P trading environments where buyers can directly purchase USDT from verified sellers using VND via bank transfer.
🔹 How to Buy USDT on Remitano
- Register and verify your account
- Go to the P2P section and select USDT/VND
- Choose a seller with high completion rate and positive feedback
- Enter the amount of USDT you want to buy
- Transfer VND to the seller’s bank account within 15 minutes
- Confirm payment; USDT will be released to your wallet automatically
🔹 How to Buy USDT on Binance
- Create and verify a Binance account
- Navigate to Buy Crypto > P2P Trading
- Select USDT and payment method (bank transfer)
- Pick a reputable seller based on ratings and trade volume
- Complete the VND transfer and confirm
- Receive USDT instantly upon confirmation
These platforms protect users through escrow services—if the seller doesn’t deliver, you can file a dispute.
👉 Learn how trusted exchanges ensure safe P2P transactions with built-in buyer protection.
Can You Buy USDT on the Black Market?
Technically yes—but we do not recommend it.
While buying from informal sellers (via Facebook groups, Telegram chats, etc.) might seem faster or slightly cheaper, it comes with serious risks:
- No dispute resolution
- Potential scams (fake confirmations, phishing links)
- Exposure to fraudsters posing as legitimate traders
Stick to reputable platforms even if fees are slightly higher. Your security is worth more than minor savings.
Payment Methods: How to Buy USDT Cheaply?
Different platforms support various payment options. Here’s a breakdown of common methods used in Vietnam:
💳 Local Bank Transfer (Internet Banking)
Most popular among Vietnamese investors due to ease of use and low cost.
| Pros | Cons |
|---|---|
| Fast processing (under 10 mins) | Not available on all international exchanges |
| Low or no fees | Requires sharing bank details |
| High success rate | Limited to domestic transfers |
Typical fees:
- Trading fee: ~1% per transaction
- Deposit fee: Usually free (standard bank transfer fees apply)
💳 Credit Card or PayPal
Available on select global exchanges but less common in Vietnam.
| Method | Pros | Cons |
|---|---|---|
| Credit Card | Instant purchase, widely accepted | High fees (3.5%–10%) |
| PayPal | No need to share personal banking info | Few exchanges accept it; complex verification |
While convenient, these methods often come with higher costs—making them less ideal for large purchases.
Frequently Asked Questions About USDT
❓ Can I buy USDT with Vietnamese đồng (VND)?
Yes! Both Binance and Remitano support direct VND-to-USDT trades via local bank transfers.
❓ Is it safe to buy USDT on P2P platforms?
Generally yes—especially when dealing with highly rated sellers. Always check feedback scores and avoid deals that seem too good to be true.
❓ Can I use leverage when buying USDT?
No. You cannot leverage the purchase of USDT itself. However, you can trade with USDT using margin or futures on platforms that support leveraged trading.
❓ Where should I store my USDT?
You can store USDT in:
- Exchange wallets (e.g., Binance, Remitano)
- Software wallets (Trust Wallet, MetaMask)
- Hardware wallets (Ledger, Trezor) – most secure option
For long-term storage, consider moving funds off-exchange.
❓ Are there alternatives to Binance and Remitano?
Yes. Other platforms used in Vietnam include:
- Vicuta
- VCC.Exchange
- Huobi
- T-Rex
However, none are officially licensed by Vietnamese authorities. For regulated alternatives, consider CFD brokers like eToro or XTB—though these don't involve actual crypto ownership.
❓ Can foreigners buy USDT on Vietnamese exchanges?
Yes—if the platform accepts international users and supports payment methods like credit cards or PayPal.
👉 Explore secure digital wallets that support multi-chain USDT storage.
Final Thoughts: Is Buying USDT Right for You?
Tether (USDT) continues to play a crucial role in the cryptocurrency ecosystem—especially for Vietnamese investors seeking stability, fast transactions, and easy access to global markets.
By using trusted P2P platforms like Binance or Remitano, you can safely convert VND into USDT with minimal fees and strong buyer protection. While black-market purchases may offer slight discounts, the risks far outweigh any potential benefits.
As always, educate yourself before investing. Understand the differences between owning real crypto versus trading derivatives, and prioritize security over speed.
Whether you're hedging against market swings or preparing for your next big trade, USDT remains one of the smartest tools in a modern investor’s toolkit.
Remember: All investments carry risk—including loss of capital. Never invest more than you can afford to lose.